18005 HIDEAWAY CV, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $959,149. For a well positioned listing in WEST CAVE ESTATES, I'd target the $822,000 to $832,000 range. In the current WEST CAVE ESTATES market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The larger floor plan (189 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.99 acres, the lot is larger than the 1.62 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in WEST CAVE ESTATES, ranging from $879,000 to $1,250,000. Recent trends in 78620 show home values have fallen 5.4% since 6 months ago. The most comparable recent sale is 301 Saddlehorn DR, Dripping Springs TX 78620, with an adjusted value of $1,129,460; with a larger floor plan. 3 comparable transactions in WEST CAVE ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group